Heartland CEO Vows To Fight MasterCard Breach Fines Of $6 Million-Plus
Written by Fred J. AunMay 11th, 2009
Heartland Payment Systems has apparently decided that being a data breach victim doesn't mean that it has to be victimized by the card brands. At least that's the impression from how Heartland CEO Robert Carr is reacting to more than $6 million in fines imposed on it by MasterCard, fines that that he said were illegal and that he plans to "vigorously contest" the fines.
Data breach victims pushing back against fines is nothing new, but a processor calling out one of the two largest card brands and doing it during a very public investor conference call, well, that's a bit different.
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Our Comment SPAM system is getting very aggressive these days and has been blocking legitimate comments. If you post a comment and don't see it appear within 2 hours or so, can you please send a heads-up to customer-service@storefrontbacktalk.com? Ideally, please include the time you posted the comment. That will allow us to try and hunt for it. Thanks! P.S. We're working on fixing the system, but we don't want to lose any valuable comments in the meantime.
I have strong reservations about the 'individual' certification and posting of that information for merchants. Can you imagine the potential employee poaching that might occur? The implications when competitors can look up how many are certified with each of their competitors?
-Christine
